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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (708)6/1/2004 1:18:08 PM
From: Jibacoa  Read Replies (1) of 1404
 
SSPI Is up 42% after LMT selected its signal processing technology to develop advanced communications systems.

According to James Atkins, President of SSPI, the SDR-3000 is the only high performance platform of its kind designed specifically for communications applications. Its capabilities are ideal for developing leading-edge systems for use in a variety of defense communications programs.

SSPI's optimized hardware, software and chip technology work together to collect, compress and convert voice and data signals.

The stock had a good spike on April 13 when it opened on a large Up-gap and went from $1.75 to an intra-day H of 6.49 It needs now to close above its April 20 H of 3.89

SSPI has around $1.32M in cash (0.08/share) and no significant debt. The current ratio is around 1.47 There are close to 17M shares out and the insiders hold around 16% (The float is around 14.2M) and the average daily volume around 600K

bigcharts.marketwatch.com

Message 20182445

Bernard
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